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Mmastodon BusinessStartups first seen 2 h ago, last 1 h ago, peak #9

Ex-Ramp engineers raise $20M for startup Melius

Original: Ex-Ramp engineers raise $20M for platform Melius after scrapping their first product https://techcrunch.com/2026/10/06/e

Former Ramp engineers have raised $20 million for Melius, a platform they built after abandoning their first product. The funding round, reported by TechCrunch, underscores how quickly startups are willing to scrap initial ideas and pivot when the original concept fails to gain traction, with investors backing the founding team's track record rather than its first product.

Why now: The size of the round and the founders' pedigree from fintech firm Ramp make it notable startup funding news.

MeliusRampTechCrunch

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